Dixon Tech to build ₹1,000 cr plant near Chennai, create 5,000 jobs

Dixon Technologies, a company that provides electronics manufacturing services, has announced plans to build a facility costing Rs 1,000 crore near Chennai and signed a Memorandum of Understanding on this with the Tamil Nadu government on Wednesday. According to the state government, the facility to be built in Oragadam, in the neighbouring Kancheepuram district, will create 5,000 jobs in the region.

Top officials from Dixon Technologies, led by Executive Chairman Sunil Vachani and Vice President Prithvi Vachani, exchanged documents with Darez Ahamed, MD and CEO of Guidance, Tamil Nadu's nodal investment promotion agency, in the presence of Chief Minister M K Stalin, Industries Minister T R B Rajaa and other officials at the Secretariat on Wednesday.

According to the Memorandum of Understanding, Dixon Technologies is going to establish a facility in Oragadam's Indospace Industrial Park, around 45 km south of Chennai. The dedicated facility will manufacture laptops and all-in-one personal computers and provide electronic manufacturing services to other companies.

Speaking on the occasion, Rajaa stated that HP brand laptops would soon be manufactured at the facility. Dixon Technologies is committing the investment at a time when the government is building the USD 100 billion electronics manufacturing ecosystem in the State.

"Another big day for electronics manufacturing in Tamil Nadu. Today, in the presence of Chief Minister M K Stalin, Dixon Technologies has signed an MoU for a brand new, state-of-the-art manufacturing facility at Oragadam near Chennai with an investment of Rs 1,000 crore, in which they will be manufacturing laptops," he said in a social media post.

"A massive win for Tamil Nadu's youth and our continued efforts to drive industrial growth. Dixon's leadership acknowledged what we have always believedTamil Nadu's progressive policies, robust infrastructure, highly skilled workforce, and above all, ease of doing business at a fast pace make it the most attractive destination for manufacturing in India." 

"Under the leadership of the Chief Minister, we are building a USD 100 billion electronics manufacturing ecosystem and every factory we launch is a step closer to that dream. Welcome to Tamil Nadu, Dixon, HP, and all the other brands whose devices will now be manufactured here in TN," he added.